I bought my initial lot at 33cents. I heard them first mentioned at the AGM for Loftus Capital Partners. (now CIW). At the following year's AGM for Loftus I asked about their investment in MTU. The smug suit wearers told me they had exited and made $200K. Seemed like BS to me.
Anyway, I stayed in and I am now $200K up. Not bad for a postie.
Ironically, I have held my CIW shares and my entry point there was 33 cents also. Unfortunately they are only 79 cents 10 years later. pretty good fully franked dividend though.
Can't be a genius with every investment.
MTU Price at posting:
$7.85 Sentiment: Hold Disclosure: Held